Gene Munster's Predictions for Apple and Tesla in 2020

The video discusses Apple's share price, valuation, and business model evolution, highlighting its shift from hardware to services. It also covers Apple's cash management strategy, emphasizing investor returns and the goal of becoming net cash neutral. The discussion then shifts to Tesla's market position, focusing on its China strategy and the potential for growth in electric vehicles. Finally, the video explores the rise of direct listings as an alternative to traditional IPOs, noting the potential changes in regulations that could make this option more attractive for companies.

What is the fair value range for Apple's stock according to the discussion?

• $300 to $350

• $350 to $400

• $400 to $450

• $450 to $500

How does Apple's hardware segment compare to its services business?

• Hardware is declining while services are growing

• Hardware is more innovative than services

• Services are more profitable than hardware

• Hardware is performing like a services business

What is Apple's goal regarding its net cash position?

• To become net cash neutral

• To maintain it at $100 billion

• To increase it by $50 billion

• To invest it in new acquisitions

What is the expected impact of Tesla's Gigafactory in China?

• Increase production costs

• Increase tariffs on Tesla vehicles

• Reduce Tesla's market share

• Lower the cost of Teslas for Chinese citizens

What is the significance of direct listings according to the discussion?

• They are only suitable for small companies

• They offer an alternative to traditional IPOs

• They are a temporary trend

• They allow companies to raise primary capital